Market Mechanisms for Recovering Water in the Murray-Darling Basin
Research report
This research report was released on 31 March 2010.
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- Preliminaries (PDF - 184 Kb)
Cover, Copyright, Foreword, Terms of reference, Contents, Abbreviations, and Glossary - Overview - including key points (PDF - 145 Kb)
- Findings and recommendations (PDF - 74 Kb)
- Chapter 1 Introduction (PDF - 106 Kb)
1.1 What the Commission has been asked to do
1.2 The Commission’s approach
1.3 Background to the study
1.4 Clarifying objectives
1.5 Conduct of the study - Chapter 2 Water use in the Murray-Darling Basin (PDF - 152 Kb)
2.1 Water availability
2.2 Allocations for consumptive use
2.3 Allocations for the environment - Chapter 3 The development of water markets (PDF - 113 Kb)
3.1 History of water markets in the Basin
3.2 The benefits and costs of water trade
3.3 Trade in entitlements and allocations
3.4 Pricing of water
3.5 Delivery fees and charges - Chapter 4 Allocating environmental water (PDF - 230 Kb)
4.1 Why is water use in the Basin a policy issue?
4.2 How is the Australian Government deciding on environmental priorities?
4.3 Challenges in setting environmental priorities
4.4 Temporal and spatial characteristics of environmental water demands
4.5 Environmental watering and land management
4.6 Assessing the benefits and costs of environmental watering - Chapter 5 Assessment framework (PDF - 94 Kb)
5.1 Breaking down water recovery into policy design questions
5.2 Effectiveness
5.3 Efficiency
5.4 Distribution of impacts
5.5 Impact on the water market - Chapter 6 Recovering water through non-market means (PDF - 178 Kb)
6.1 Administrative approaches
6.2 Infrastructure upgrades - Chapter 7 Designing a portfolio of water products for environmental watering (PDF - 157 Kb)
7.1 Purchasing of entitlements
7.2 Purchasing of seasonal allocations
7.3 Purchasing of leases on entitlements
7.4 Purchasing of options contracts
7.5 Purchasing of covenants on entitlements
7.6 Purchasing water in unregulated systems
7.7 Purchasing of land and water packages
7.8 Contracts for environmental services
7.9 Establishing a portfolio - Chapter 8 Mechanics of the buyback (PDF - 133 Kb)
8.1 Improving the purchase mechanisms
8.2 Targeting
8.3 Pace of the acquisitions
8.4 The need for transparency - Chapter 9 Institutional and governance issues (PDF - 154 Kb)
9.1 Who is involved in managing water resources?
9.2 Institutional options for water recovery at the Commonwealth level
9.3 Coordination issues - Chapter 10 Overcoming impediments (PDF - 133 Kb)
10.1 Reducing volumetric restrictions on trade
10.2 Improving pricing
10.3 Addressing other direct impediments
10.4 Overcoming indirect impediments - Chapter 11 Concluding comments (PDF - 85 Kb)
11.1 Diversifying the Australian Government’s water purchase program
11.2 The implementation of water policy
11.3 How much additional water is needed for the environment in thelong term?
11.4 Where to from here? - Appendix A Consultation (PDF - 57 Kb)
- Appendix B Buybacks in Australia (PDF - 170 Kb)
- Appendix C Overseas buybacks (PDF - 123 Kb)
- Appendix D Regional impacts of water buybacks (PDF - 103 Kb)
- References (PDF - 110 Kb)
Just briefly...
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